Nigeria , UK Forge Partnership For Critical Minerals Development
The Federal Government of Nigeria is set to collaborate with the United Kingdom in the establishment of a joint technical...
Friday, March 20, 2026
Business
Nigeria’s Teledensity Drops To 102.97% As NCC Adjusts Metrics
The Nigerian Communications Commission (NCC) has reported a drop in the country's teledensity from 115.63 per cent in August 2023...
Official Market Records Highest Rate at N1,513/$
Despite the Central Bank of Nigeria (CBN) clearing off the foreign exchange claims of foreign airlines owed on Tuesday, the...
Linkage Assurance Gross Premium Written Hits N16.3bn
Linkage Assurance Plc, in the financial year ended 31st December, 2023, recorded outstanding growth across all measurement indices, with gross...
Maritime Academy Trains Varsity Students On Mandatory Courses
The Marítime Academy of Nigeria (MAN), Oron, on Tuesday, said the institution has received another batch of trainees from the...
CBN Issues Directive On Forex Exposures Amid Shortage
The Central Bank of Nigeria (CBN) has issued a new directive on forex exposures of banks amongst which is lending...
FBN Holdings Appoints Femi Otedola As Chairman
A leading financial institution in Nigeria, FBN Holdings Plc, has appointed Mr. Olufemi Peter Otedola, CON, as its new Chairman...
CBN Issues Guidelines To Curb Forex Speculation, Hoarding By Banks
The Central Bank of Nigeria (CBN) has taken a decisive step to address concerns over excessive foreign currency speculation and...
Naira Records Historic Low At N1,482.57/$1 Despite Central Bank’s Efforts
The Nigerian Naira faced a remarkable descent, reaching a record low of N1,482.57 per dollar on the official market (NAFEM)....
IMF Downgrades Nigeria’s 2024 Economic Growth Forecast To 3.0%
The International Monetary Fund (IMF) has revised downward its economic growth projection for Nigeria in 2024, slashing it from the...
